Congressional Budget Office

also referred to as: cbo

10 statements across 1 episodes · 2 bullish · 6 bearish · 2 people on the record · first statement Jun 1, 2022 by Dr. Mark Paul · said 72 times in 1 episodes since 2022 · across every show →

Mentions by year

brought up most by Stephen Lacey (72)

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2022 72 mentions in 1 episode

every mention, scene by scene, with the transcript →

Everything said about Congressional Budget Office, oldest first

Jun 1, 2022 negative
Opinion
Paul calls CBO modeling a fundamental roadblock to US climate legislation
“I do think it is a fundamental roadblock to the United States passing any climate legislation.”
Dr. Mark Paul Jun 1, 2022 ▶ 14:41 The obscure federal agency hindering climate legislation
Jun 1, 2022 neutral
Assertion Supported
Major US social programs passed before the CBO existed in 1974
“Basically every major piece of social legislation, Medicare, Medicaid, Social Security, minimum wage laws, they were passed without the CBO.”
Stephen Lacey Jun 1, 2022 ▶ 7:45 The obscure federal agency hindering climate legislation
Jun 1, 2022 negative
Assertion Supported
CBO models arbitrarily assume public investment is half as productive as private
“The CBO is just simply assumes, pulls it out of a hat, that public investment is half as productive as private investment.”
Dr. Mark Paul Jun 1, 2022 ▶ 12:34 The obscure federal agency hindering climate legislation
Jun 1, 2022 negative
Opinion
Paul argues CBO gives ammunition to climate deniers without good reason
“The only hurdle we're facing today is a purely political one, and CBO, for no good reason, is giving additional ammunition to climate deniers left and right.”
Dr. Mark Paul Jun 1, 2022 ▶ 6:16 The obscure federal agency hindering climate legislation
Jun 1, 2022 positive
Insight
Accounting for climate costs would fundamentally transform CBO legislative scoring
“And all CBO needs to do is simply account for those costs. And that would fundamentally change the calculations as to what legislation Is, quote, good or bad for the economy.”
Dr. Mark Paul Jun 1, 2022 ▶ 17:45 The obscure federal agency hindering climate legislation
Jun 1, 2022 negative
Assertion Supported
CBO completely ignores the social cost of carbon in legislative budgetary scoring
“The social cost of carbon doesn't factor into the CBO analysis. The social cost of carbon is utilized for regulatory analysis, not for legislative budgetary analysis as done by the CBO. So they're essentially used in two different branches of government, but a…”
Dr. Mark Paul Jun 1, 2022 ▶ 11:28 The obscure federal agency hindering climate legislation
Jun 1, 2022 positive
Assertion Supported
Sanders introduced a 2014 bill requiring CBO carbon scores on all legislation
“In fact, back in 2014, Senator Sanders introduced the Carbon Pollution Transparency Act which would have required CBO to calculate a carbon score for any and all legislation introduced.”
Dr. Mark Paul Jun 1, 2022 ▶ 14:09 The obscure federal agency hindering climate legislation
Jun 1, 2022
Assertion Supported
CBO can update its climate models without waiting for a congressional mandate
“The CBO doesn't need Congress's mandate to change their model here. In fact, they could do it without Congress. Congress could force them to, but there's no reason that the CBO needs to wait.”
Dr. Mark Paul Jun 1, 2022 ▶ 16:20 The obscure federal agency hindering climate legislation
Jun 1, 2022 negative
Assertion Partly supported
The CBO lacks a method to calculate economic costs of climate change
“Is that it has no way of calculating the cost of climate change to the economy.”
Stephen Lacey Jun 1, 2022 ▶ 2:40 The obscure federal agency hindering climate legislation
Jun 1, 2022 negative
Opinion
Paul claims the CBO is anything but a fair and honest broker
“Both teams agree that they are, you know, a fair and honest kind of broker in the policy situation. But in fact, CBO is anything but.”
Dr. Mark Paul Jun 1, 2022 ▶ 8:54 The obscure federal agency hindering climate legislation
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